For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.
According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.
Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.
While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.
Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.
Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.
Here’s Forbes’ full list of NBA franchise valuations for 2022:
- Golden State Warriors: $7 billion
- New York Knicks: $6.1 billion
- Los Angeles Lakers: $5.9 billion
- Chicago Bulls: $4.1 billion
- Boston Celtics: $4.0 billion
- Los Angeles Clippers: $3.9 billion
- Brooklyn Nets: $3.5 billion
- Dallas Mavericks: $3.3 billion
- Houston Rockets: $3.2 billion
- Philadelphia 76ers: $3.15 billion
- Toronto Raptors: $3.1 billion
- Miami Heat: $3 billion
- Phoenix Suns: $2.7 billion
- Washington Wizards: $2.5 billion
- Milwaukee Bucks: $2.3 billion
- Portland Trail Blazers: $2.1 billion
- Cleveland Cavaliers: $2.05 billion
- Sacramento Kings: $2.03 billion
- Utah Jazz: $2.025 billion
- San Antonio Spurs: $2 billion
- Atlanta Hawks: $1.975 billion
- Denver Nuggets: $1.93 billion
- Detroit Pistons: $1.9 billion
- Oklahoma City Thunder: $1.875 billion
- Orlando Magic: $1.85 billion
- Indiana Pacers: $1.8 billion
- Charlotte Hornets: $1.7 billion
- Minnesota Timberwolves: $1.67 billion
- Memphis Grizzlies: $1.65 billion
- New Orleans Pelicans: $1.6 billion
Warriors valuation is 14% higher than Knicks or Lakers
Higher than 4 teams combined
I thought Heat would be higher
It helps that they own their own arena and was privately financed. Especially with no money from the City’s general fund, no public land and no new taxes … I’m sure they get other city perks though.
Rumor has it that the comparatively low value of the Pelicans is attributable to the franchise’s outrageous road trip meal expenses regarding Zion Williamson.
Try harder
I agree that was weak, you’re usually better than this.
Source?
The story here is how Sacramento is as high as 18. 20 years without playoffs and they rank higher than 12 teams. Amazing.
California baby, 4th biggest economy in the world
So the Suns are valued at 2.7 bln, thats the floor for Sarver, I think he sells for a valuation of close to 4 bln
Remember this list the next time some team cries poverty as the reason they couldn’t sign a free agent. Those are gigantic numbers, even the lowest.